Cuisine Solutions (OTCMKTS:CUSI) Hits New 52-Week High – Time to Buy?

by · The Markets Daily

Cuisine Solutions Inc. (OTCMKTS:CUSI – Get Free Report)’s stock price hit a new 52-week high on Wednesday. The company traded as high as $26.60 and last traded at $26.60, with a volume of 2,000 shares traded. The stock had previously closed at $26.31.

Cuisine Solutions Price Performance

The business has a 50-day simple moving average of $24.33 and a two-hundred day simple moving average of $21.59.

Cuisine Solutions Company Profile

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Cuisine Solutions, Inc is a food manufacturer and distributor specializing in sous vide and other prepared food products. The company develops, produces and distributes ready-to-heat items designed to provide consistent quality and convenience for commercial and institutional foodservice customers.

Its product offerings include prepared proteins, poultry, seafood, sauces, side dishes, desserts and other fully cooked or partially prepared foods. Cuisine Solutions’ products are used by restaurants, hotels, catering businesses, airlines, healthcare organizations and other foodservice operators, and may also be available through retail and consumer channels.

The company is associated with the development and broader adoption of sous vide cooking, a method that involves vacuum-sealing food and cooking it at controlled temperatures.

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